Friday, February 4, 2011

MyCAA: What it is and who is eligible

The Military Spouse Career Advancement Accounts (MyCAA) Program

is an employment assistance program that provides up to $4,000 of financial assistance to eligible military spouses who are pursuing a license, certification or Associate’s degree in a portable career field and occupation.

Current News:

October 25, 2010: The MyCAA program is open to all eligible spouses under the new program guidelines below:
    • Spouse of an active duty Army, Navy, Air Force, or Marine service member in pay grades   E1-E5, W1-W2, or O1-O2.
    • Spouse of an activated Reserve member in pay grades E1-E5, W1-W2, and O1-O2.
    • If the spouse of National Guard and/or AGR member, the sponsor must be on federal Title 10 active duty orders as reported in DEERS.
    • Spouses of Guard/Reserve members in an Alert, Transition Assistance, or Post Deployment status are not eligible.
    • MyCAA accounts will be limited to the new $4,000 maximum benefit with a $2000 fiscal year cap. Waivers to the fiscal year cap will be available for spouses pursuing licensure or credentials with a cost that exceeds the $2,000 fiscal year cap up to the total maximum assistance of $4,000.
    • Spouses must finish their program of study within three years from the start date of the first course.
    • Funding is limited to only Associate’s degrees, credentials and licensure programs.
    • Please allow for 14 days for approval of all financial assistance documents.
All spouses (even if you no longer qualify for the MyCAA program) that have had a MyCAA account can still access all your course information by logging-in into the MyCAA website.  If information is needed on other sources of financial assistance please contact a Military OneSource consultant at 800-342-9647.


For more information and/or registration visit here.

**All information was directly copied from website, I did not write this information but would love to hear back from spouses who are benefiting from this program!**

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